Buffalo Wild Wings, Inc. (NASDAQ:BWLD) Shares Sold by Credit Suisse AG

Credit Suisse AG lowered its stake in Buffalo Wild Wings, Inc. (NASDAQ:BWLD) by 50.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,273 shares of the restaurant operator’s stock after selling 20,429 shares during the period. Credit Suisse AG owned 0.13% of Buffalo Wild Wings worth $3,096,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in BWLD. Suntrust Banks Inc. increased its stake in shares of Buffalo Wild Wings by 0.5% in the first quarter. Suntrust Banks Inc. now owns 2,451 shares of the restaurant operator’s stock valued at $374,000 after buying an additional 12 shares during the period. Tyers Asset Management LLC increased its stake in shares of Buffalo Wild Wings by 6.3% in the first quarter. Tyers Asset Management LLC now owns 748 shares of the restaurant operator’s stock valued at $114,000 after buying an additional 44 shares during the period. Flinton Capital Management LLC increased its stake in shares of Buffalo Wild Wings by 6.3% in the first quarter. Flinton Capital Management LLC now owns 952 shares of the restaurant operator’s stock valued at $146,000 after buying an additional 56 shares during the period. Neuburgh Advisers LLC increased its stake in shares of Buffalo Wild Wings by 6.3% in the first quarter. Neuburgh Advisers LLC now owns 1,156 shares of the restaurant operator’s stock valued at $177,000 after buying an additional 68 shares during the period. Finally, Greenwich Wealth Management LLC increased its stake in shares of Buffalo Wild Wings by 1.1% in the first quarter. Greenwich Wealth Management LLC now owns 7,429 shares of the restaurant operator’s stock valued at $1,135,000 after buying an additional 82 shares during the period. 95.39% of the stock is owned by institutional investors.

Shares of Buffalo Wild Wings, Inc. (BWLD) opened at 108.70 on Friday. Buffalo Wild Wings, Inc. has a 52 week low of $105.10 and a 52 week high of $175.10. The company has a market capitalization of $1.68 billion, a PE ratio of 27.53 and a beta of 0.86. The company has a 50-day moving average price of $117.48 and a 200-day moving average price of $142.53.

Buffalo Wild Wings (NASDAQ:BWLD) last posted its earnings results on Wednesday, July 26th. The restaurant operator reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.01 by $0.35. Buffalo Wild Wings had a net margin of 3.39% and a return on equity of 17.14%. The firm had revenue of $500 million during the quarter, compared to the consensus estimate of $512.68 million. During the same period in the prior year, the company posted $1.27 EPS. The firm’s revenue was up 2.0% compared to the same quarter last year. Analysts predict that Buffalo Wild Wings, Inc. will post $4.54 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: This report was originally published by BNB Daily and is the property of of BNB Daily. If you are reading this report on another site, it was illegally copied and republished in violation of international copyright and trademark legislation. The correct version of this report can be read at https://www.baseball-news-blog.com/2017/08/19/buffalo-wild-wings-inc-nasdaqbwld-shares-sold-by-credit-suisse-ag-updated-updated.html.

Several brokerages have recently commented on BWLD. UBS AG raised their price objective on shares of Buffalo Wild Wings from $170.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, April 21st. Deutsche Bank AG set a $180.00 price objective on shares of Buffalo Wild Wings and gave the stock a “buy” rating in a research report on Sunday, May 28th. Maxim Group reissued a “hold” rating and issued a $170.00 price target on shares of Buffalo Wild Wings in a research report on Thursday, April 27th. Wells Fargo & Company reissued a “market perform” rating and issued a $145.00 price target (up previously from $134.50) on shares of Buffalo Wild Wings in a research report on Saturday, April 22nd. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $150.00 price target (down previously from $155.00) on shares of Buffalo Wild Wings in a research report on Monday, June 5th. Two research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have issued a buy rating to the company. Buffalo Wild Wings has a consensus rating of “Hold” and an average target price of $141.78.

In other news, Director International Master F. Marcato bought 9,100 shares of the stock in a transaction on Tuesday, August 1st. The shares were bought at an average price of $109.71 per share, with a total value of $998,361.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.19% of the stock is currently owned by corporate insiders.

About Buffalo Wild Wings

Buffalo Wild Wings, Inc is the owner, operator and franchisor of restaurants. As of December 25, 2016, the Company’s made-to-order menu items included 16 sauces and five seasonings, ranging from Sweet BBQ to Blazin. The Company’s restaurants offer 20 to 40 domestic and imported beers on tap, including craft brews, and a selection of bottled beers, wines and liquor.

Institutional Ownership by Quarter for Buffalo Wild Wings (NASDAQ:BWLD)

Receive News & Ratings for Buffalo Wild Wings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buffalo Wild Wings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply